Regions Bank
Affordable Housing (LIHTC) Originations Analyst
Regions Bank, Birmingham, Alabama, United States, 35275
Affordable Housing (LIHTC) Originations Analyst
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At Regions, the Regions Affordable Housing (RAH) Financial Analyst develops complex financial models, financial planning systems, and procedures designed to protect assets and enhance yield for affordable housing transactions using the low‑income housing tax credit. This role engages internal stakeholders across the RAH organization and recommends transaction structures to maximize performance of projects under consideration.
Primary Responsibilities
Analyzes, consolidates, and interprets financial data related to affordable housing projects using the low‑income housing tax credit.
Under the direction of a more senior Financial Analyst, prepares complex financial models related to affordable housing and identifies questions and gaps for further review.
Recommends structural changes and/or enhancements related to affordable housing transactions, such as improving operations, enhancing yield, resolving potential exceptions to RAH underwriting standards and other complex real‑estate matters.
Works with the investor services team to resolve project‑level questions and concerns.
During underwriting, continues to be the subject matter expert for questions and transaction structural changes that require changes to the financial model.
Additional Responsibilities
Assisting with Preliminary Business Reports, Letters of Intent, client interactions (including closings and due diligence), development intake, and annual relationship planning.
Tracking developer applications and managing related documentation for tax‑credit support.
Utilizing Salesforce to facilitate internal communication, monitor project progress, and document decisions.
Handling routine business matters on behalf of the RAH Relationship Manager.
Supporting the Originations team with special projects as assigned.
Requirements
Bachelor’s degree in accounting, finance, or a directly related field.
Three (3) years of experience with financial analysis within the real‑estate or affordable‑housing industry.
Preferences
Master of Business Administration (MBA).
Skills and Competencies
Ability to manage multiple priorities.
Ability to research, analyze data, and derive facts.
Ability to work under pressure and meet deadlines.
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.).
Strong verbal, written communication, and organizational skills.
Strong work ethic and self‑motivation.
Position Type Full time
Compensation Details Job range target: $91,449.92 USD
Median: $115,143.60 USD
This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.
Benefits Information
Paid vacation/sick time
401(k) with company match
Medical, dental, and vision benefits
Disability benefits
Health savings account
Flexible spending account
Life insurance
Parental leave
Employee assistance program
Associate volunteer program
Location Great Neck, New York
Equal Opportunity Employer / Including Disabled / Veterans Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher‑volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
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Get AI‑powered advice on this job and more exclusive features.
At Regions, the Regions Affordable Housing (RAH) Financial Analyst develops complex financial models, financial planning systems, and procedures designed to protect assets and enhance yield for affordable housing transactions using the low‑income housing tax credit. This role engages internal stakeholders across the RAH organization and recommends transaction structures to maximize performance of projects under consideration.
Primary Responsibilities
Analyzes, consolidates, and interprets financial data related to affordable housing projects using the low‑income housing tax credit.
Under the direction of a more senior Financial Analyst, prepares complex financial models related to affordable housing and identifies questions and gaps for further review.
Recommends structural changes and/or enhancements related to affordable housing transactions, such as improving operations, enhancing yield, resolving potential exceptions to RAH underwriting standards and other complex real‑estate matters.
Works with the investor services team to resolve project‑level questions and concerns.
During underwriting, continues to be the subject matter expert for questions and transaction structural changes that require changes to the financial model.
Additional Responsibilities
Assisting with Preliminary Business Reports, Letters of Intent, client interactions (including closings and due diligence), development intake, and annual relationship planning.
Tracking developer applications and managing related documentation for tax‑credit support.
Utilizing Salesforce to facilitate internal communication, monitor project progress, and document decisions.
Handling routine business matters on behalf of the RAH Relationship Manager.
Supporting the Originations team with special projects as assigned.
Requirements
Bachelor’s degree in accounting, finance, or a directly related field.
Three (3) years of experience with financial analysis within the real‑estate or affordable‑housing industry.
Preferences
Master of Business Administration (MBA).
Skills and Competencies
Ability to manage multiple priorities.
Ability to research, analyze data, and derive facts.
Ability to work under pressure and meet deadlines.
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.).
Strong verbal, written communication, and organizational skills.
Strong work ethic and self‑motivation.
Position Type Full time
Compensation Details Job range target: $91,449.92 USD
Median: $115,143.60 USD
This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.
Benefits Information
Paid vacation/sick time
401(k) with company match
Medical, dental, and vision benefits
Disability benefits
Health savings account
Flexible spending account
Life insurance
Parental leave
Employee assistance program
Associate volunteer program
Location Great Neck, New York
Equal Opportunity Employer / Including Disabled / Veterans Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher‑volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
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